Tag Archives: BTCEUR

By working together with the US Federal Bureau of Investigation (FBI), German law enforcement agencies have seized nearly $30 million worth of Bitcoin and Bitcoin Cash from two men allegedly running a large pirate streaming website called Movie2K.Movie2K’s BackstoryThe pirate streaming website began operating in 2008 and ran until 2013. In that timeframe, Movie2K allegedly distributed nearly 900,000 copies of movies and TV shows. Its popularity grew rapidly, and before it closed in 2013, it...

Bitcoin bulls look pretty tired right now. The leading cryptocurrency has printed the first lower high since July 21 and is currently stalling around the 0.786 Fibonacci level (white lines) at $11,743.We’ve also seen $4 billion exit the market in the last ten hours, which seems to suggest that some traders are cashing out of the bull run.Is this an early warning that the bull run is ending?Bitcoin Price Levels to Watch in the Short-termOn the daily BTC/USD chart, we can see that the whale...

Lawyers for the estate of Dave Kleiman claim Craig Wright and his ex-wife, Lynn Wright, again attempted to defraud the courts by lying about Ms. Wright’s role in her ex-husband’s former firm, W&K Info Defense Research.Craig Wright Contradicts Courts Again?Craig Wright’s counsel had built part of a legal argument on the claim that Ms. Wright was a part-owner of W&K, and that her involvement denied him the chance of a fair trial.However, on July 16, Lynn Wright separately filed a...

Dave Portnoy is arguably one of the most influential and somewhat controversial legacy market traders out there.Portnoy made major headlines last month after saying that the legendary investor Warren Buffett is “washed up.” He has regularly been posting videos where he’s supporting the merit that stock markets “always go up” and, at times, claiming that he’s making money off stocks he didn’t even know he owned.Now, the poster-child of the day-trading boom, says he’s “coming to Bitcoin.” And...

On Sunday, Bitcoin hit the all-time high against the Turkish lira (TRY). It has to do with the recent Bitcoin rally and the declining Turkish fiat currency, which fell to a record low against the euro.Bitcoin’s Safe-Haven Capability Is Noticeable in TurkeyCryptocurrency bulls are waiting for Bitcoin to update its all-time high, but everyone is using the US dollar as a reference, given its status of a world reserve currency. However, what about other national currencies? In Turkey, the...

Bitfinex will be awarding $400 million for the successful recovery of bitcoins lost in the infamous August 2016 hack. The offer is also open to the hackers themselves who pilfered around 120,000 BTC, worth $1.3 billion (at today’s rates).Bitfinex: Help Return 120,000 BTC Worth $1.3 Billion, Get $400 MillionIn an official announcement today, controversy laced exchange Bitfinex said it’s offering $400 million to folks who can connect them with the hackers who lifted around 120,000 BTC from the...

Bitcoin’s price increased by about 22% over the past couple of weeks. Its gains were greater, but there was a sudden correction during the weekend.In any case, it’s safe to say that volatility is back in the market, and with it, the interest is also increasing. In fact, data from Glassnode shows that the number of unique addresses to appear on Bitcoin’s network for the first time are at their highest level since 2017.New BTC Addresses SurgeAccording to the popular cryptocurrency analysis firm...

Forty-year-old Russian computer expert, Alexander Vinnik, allegedly supervised and operated a Russian cryptocurrency exchange called BTC-e from 2011 to 2017.The alleged fraudster is also wanted by Washington and Moscow, according to statements from his lawyer and recent reports.Extradition Tussle: France, Russia, and AmericaVinnik was arrested in Greece in 2017 at the request of the U.S. on suspicion of laundering as much as $4 billion through BTC-e. He was extradited from Greece to France in...

We have now entered into Bitcoin’s worst month in terms of historical performance. On average, the leading crypto crashes 14% during the month of August.That being said, BTC price action appears to be falling in a bullish reversal pattern that suggests a spike to $12,000. And this could happen very soon. The mentioned pattern is formed from Whale trader manipulation designed to shake out weak hands, before the price quickly retraces back to its former high.Let’s look into it in more...

The latest twist regarding the notorious Twitter hack from July indicated that the 17-year old alleged mastermind of the entire operation owns over $3 million worth of Bitcoin. Graham Ivan Clark faces 30 criminal charges, and his bail was set at $725,000.Twitter Hacker Owns $3.3M Worth Of BTCAs CryptoPotato reported in mid-July, unknown perpetrators gained access to numerous accounts of famous individuals and companies on the social media giant Twitter.Although they initially targeted popular...